, hotel management, and share of losses from investments. • Owned Hotel 1Q18 1Q17 %Chg Occupancy (%) 85.0 80.0 6.3 ADR (THB/night) 4,216 4,310 -2.2 RevPar (THB/night) 3,583 3,434 4.3 Remark: Hotel

MASTER AD PUBLIC COMPANY LIMITED 2 13 May 2019 2Q 2020/21 CONSOLIDATED P&L SNAPSHOT *Net profit (loss) attributable to equity owner of the Company Revenue by segments (THB mn) 2Q 2019/20 Restated 1Q 2020

4,075 -12.3 9,858 11,912 -17.2 Interest income from the MRT Purple Line Project 65 94 -30.9 215 290 -25.9 Other income 230 238 -3.4 516 311 65.9 Gains on sale of investments - 24 -100.0 - 177 -100.0 Gain

Consolidated Interim Financial Statements the three-month and the nine-month period ended 30 September 2019, which have been reviewed by the Company’s authorized auditor. The company would like to clarify the

ENDED JUNE 30, 2020 1. Analysis of operation results for the second quarter of 2020 in comparison with those for the same quarter of 2019 (from the consolidated financial statements) Items Second quarter

KPNL’s property as described above. Net Profit In Q4/18, the Company had a consolidated net profit including equity of shareholders of the Company of THB 107.1mn or THB 0.03 per share. For the full year

million Baht in the Consolidated Financial Statements by two investors, namely Apollo Asia Sprint Holding Company Limited and Goldman Sachs Investments Holdings in two of the Company subsidiaries, Pace

pursuant to each calculation method prescribed under the Acquisition and Disposal Notifications and based on the audited consolidated financial statements of the Company for the year ended 31 December 2019

calculation method prescribed under the Acquisition and Disposal Notifications and based on the audited consolidated financial statements of the Company for the year ended 31 December 2019 and the audited

MACO’s performance was dramatically affected from lower advertising demand due to the COVID-19 pandemic and global economic uncertainty.  Consolidated revenue decreased by 25.9% YoY to THB 512mn o